The objective of the municipal building fund is to promote energy efficiency by investing in public infrastructure. The Fund will provide loans for municipal building modernisation projects that improve the energy efficiency of the building. The management of the background and the implementation of the financial instrument will enable the final beneficiaries, i.e. municipalities, to modernise the public buildings owned by them by means of the funding provided to the modernisation project (municipal administrations, building administrators, modernisation programme administrators or energy saving services (ETSP) companies). The implementation of this measure will improve energy efficiency and, by providing the opportunity to benefit from favourable financing conditions, will aim to encourage the active participation of ETC companies in the energy efficiency improvement market and to develop this market in Lithuania.